POWER Magazine•4 months ago
Exclusive: Texas Opens $350M Advanced Nuclear Grant Programs to Spur Reactor Buildout, Supply Chain
- •Texas has launched the $350 million Texas Advanced Nuclear Development Fund (TANDF), the largest state-level nuclear incentive in the U.S., to spur advanced reactor construction and supply chain development.
- •This program offers direct financial grants for developers and IPPs, significantly de-risking and incentivizing advanced nuclear projects within the ERCOT market.
- •For large power consumers, this initiative signals a strategic push towards expanding baseload, low-carbon generation, potentially diversifying future power supply and enhancing grid reliability in Texas.
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